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Post by Ditch Fahrenheit on Dec 6, 2018 15:38:00 GMT -8
 Although this will be Snipe City, it's starting to move. 9 days left. I am sure that there will be a lot of attempted sniping on this book, but the book is being auctioned thru CC.Not that you aren't aware of this, Ditch. But below are the precautions against sniping that CC takes, IMO, this is a huge advantage for sellers, dunno WTF ComicLink ,MCS and all other auction sites do not have similiar software in place. " ------------------------------ Each Event Auction lot's given end-time is spaced 1 minute apart. Any new bid placed during the final 3 minutes of a given auction lot will extend the lot's end-time in an increment of 3 minutes from the time the bid was placed. For example, if an auction lot that is scheduled to end at 8:10 PM receives a new bid at 8:09 PM, the lot's end time will extend to 8:12 PM. After a lot has not received any new bids for 3 minutes, the lot will end, hammering at the winning bid. An auction lot that has not received any new bids before it ends will hammer at it's scheduled end time. For example an auction lot that is scheduled to end at 8:10 PM will not be extended, providing that no additional bids are placed after 8:07 PM. " Yup. ComicConnect utilizes soft close auctions, which defeats the advantage of automated sniping, extends the auction, and increases emotional bidding. Add in the fact that this is a book that doesn't come up for auction all that often, and the fact that some of the bidders will want this book at almost any cost, and you have a recipe that could (and should) put a lot of action in the final few minutes of the auction. This is what I meant by 'Snipe City.' There will, no doubt, be a lot of deep-pocket bidders watching the clock and raising their max bids in the final moments. Super fun to watch.  |
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Post by Ditch Fahrenheit on Dec 6, 2018 15:54:25 GMT -8
I am sure that there will be a lot of attempted sniping on this book, but the book is being auctioned thru CC.Not that you aren't aware of this, Ditch. But below are the precautions against sniping that CC takes, IMO, this is a huge advantage for sellers, dunno WTF ComicLink ,MCS and all other auction sites do not have similiar software in place. " ------------------------------ Each Event Auction lot's given end-time is spaced 1 minute apart. Any new bid placed during the final 3 minutes of a given auction lot will extend the lot's end-time in an increment of 3 minutes from the time the bid was placed. For example, if an auction lot that is scheduled to end at 8:10 PM receives a new bid at 8:09 PM, the lot's end time will extend to 8:12 PM. After a lot has not received any new bids for 3 minutes, the lot will end, hammering at the winning bid. An auction lot that has not received any new bids before it ends will hammer at it's scheduled end time. For example an auction lot that is scheduled to end at 8:10 PM will not be extended, providing that no additional bids are placed after 8:07 PM. " There's nothing wrong with sniping. Both hard and soft end auctions are legitimate, and both have their reasons for doing so. The people who have a problem with sniping do so almost universally because they have been sniped, and are upset about it. If you bid the most you're willing to pay...whether it's the first second of the listing, or the last....you will never walk away from an auction dissatisfied. I used to have a problem with sniping, too. It made me angry. It once made me so angry, I dashed off a snarky message to the winner (back when eBay was an open book in terms of sharing users' information.) Their response? "Learn how to bid, chump. Stop being so cheap, and you might win something." I'm paraphrasing, but that's basically the gist. It was the best advice I ever got. There is nothing whatsoever to suggest, statistically speaking, that sellers are adversely affected OVER TIME by bidders sniping hard end auctions. It's just another of the "it's not FAIR!!" crowd complaining because they couldn't steal a deal. Ha. I never went through the angry phase. I saw others beating me to the punch and I immediately wanted to know how they were doing it, and how I could do it too.  Sniping software also allowed me to participate in more eBay auctions than I could physically handle without it, so I was one of the early adopters. It's just a tool that you'd be crazy not to make use of if you value your time. It also allows you to do all the math on an auction without pressure (figuring out your max bid), days in advance. Unfortunately, the majority of eBay listing are now BIN, so I rarely get a chance to use Sniping software like I once did. PS - It's now $55,442 |
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Post by Stu on Dec 6, 2018 17:26:55 GMT -8
Although this will be Snipe City, it's starting to move. 9 days left. I am sure that there will be a lot of attempted sniping on this book, but the book is being auctioned thru CC.Not that you aren't aware of this, Ditch. But below are the precautions against sniping that CC takes, IMO, this is a huge advantage for sellers, dunno WTF ComicLink ,MCS and all other auction sites do not have similiar software in place. MCS has had it for years. www.cgccomics.com/boards/topic/200152-unfair-auction-bids/?page=7&tab=comments#comment-4331728------------------------------ Hate this. This is only done because crybaby fanboys don't understand the definition of "maximum bid" as the seller laughs all the way to the bank. Usually it's the same people that say sniping is immoral and should be illegal. You know....  . |
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Post by Stu on Dec 6, 2018 17:33:11 GMT -8
There's nothing wrong with sniping. Both hard and soft end auctions are legitimate, and both have their reasons for doing so. The people who have a problem with sniping do so almost universally because they have been sniped, and are upset about it. If you bid the most you're willing to pay...whether it's the first second of the listing, or the last....you will never walk away from an auction dissatisfied. I used to have a problem with sniping, too. It made me angry. It once made me so angry, I dashed off a snarky message to the winner (back when eBay was an open book in terms of sharing users' information.) Their response? "Learn how to bid, chump. Stop being so cheap, and you might win something." I'm paraphrasing, but that's basically the gist. It was the best advice I ever got. There is nothing whatsoever to suggest, statistically speaking, that sellers are adversely affected OVER TIME by bidders sniping hard end auctions. It's just another of the "it's not FAIR!!" crowd complaining because they couldn't steal a deal. Ha. I never went through the angry phase. I saw others beating me to the punch and I immediately wanted to know how they were doing it, and how I could do it too. Sniping software also allowed me to participate in more eBay auctions than I could physically handle without it, so I was one of the early adopters. It's just a tool that you'd be crazy not to make use of if you value your time. It also allows you to do all the math on an auction without pressure (figuring out your max bid), days in advance. Unfortunately, the majority of eBay listing are now BIN, so I rarely get a chance to use Sniping software like I once did. PS - It's now $55,442  Back in my day there was no sniping software, you had to do it yourself! Plus it was all on dial-up so it was hard to judge the timing. But, if you were lucky/good, you could achieve the ultimate: a Zero Second Snipe. Only ever had one myself, and it was not intentional. |
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Post by Ditch Fahrenheit on Dec 6, 2018 19:07:41 GMT -8
Ha. I never went through the angry phase. I saw others beating me to the punch and I immediately wanted to know how they were doing it, and how I could do it too. Sniping software also allowed me to participate in more eBay auctions than I could physically handle without it, so I was one of the early adopters. It's just a tool that you'd be crazy not to make use of if you value your time. It also allows you to do all the math on an auction without pressure (figuring out your max bid), days in advance. Unfortunately, the majority of eBay listing are now BIN, so I rarely get a chance to use Sniping software like I once did. PS - It's now $55,442 Back in my day there was no sniping software, you had to do it yourself! Plus it was all on dial-up so it was hard to judge the timing. But, it you were lucky/good, you could achieve the ultimate: a Zero Second Snipe. Only ever had one myself, and it was not intentional. Dial-up: I remember tying up my phone line for hours just to download a pic, or worse a music video. And then sometimes there would be a snafu and the download would halt. $57,750 |
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Post by Ditch Fahrenheit on Dec 6, 2018 21:28:02 GMT -8
This is fun!   |
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Post by Bats on Dec 7, 2018 4:26:50 GMT -8
Back in my day there was no sniping software, you had to do it yourself! Plus it was all on dial-up so it was hard to judge the timing. But, it you were lucky/good, you could achieve the ultimate: a Zero Second Snipe. Only ever had one myself, and it was not intentional. Dial-up: I remember tying up my phone line for hours just to download a pic, or worse a music video. And then sometimes there would be a snafu and the download would halt. $57,750
This used to go for stupid money on ebay in the days before multiple DC reprints. I was on dialup waiting to snipe and the bidding was only $15ish. Just as I watched the clock hit 10s, my mother phoned me and it interrupted the signal (I had a bad phone line). By the time I got back online, it had gone for about $20. They used to go for $40+ 
Ah, Dialup... weeeeeee orrrrrrrrrrr weeeeeeee orrrrrrrrrrr scrscrscrscrscrscrscrshhhhhhhhhhhhh… |
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Post by Ditch Fahrenheit on Dec 9, 2018 15:10:47 GMT -8
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Post by mrwoogieman on Dec 12, 2018 9:59:50 GMT -8
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Post by copperagekids on Dec 12, 2018 13:56:19 GMT -8
Any guesses where this book will close at?
The sale from 8 years back is hardly a goid indicator of current FMV.
I do know that a lotta early (to atomic age) Archie's have been blowing up across the board, over the past 8 years.
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Post by Ditch Fahrenheit on Dec 12, 2018 20:09:03 GMT -8
Any guesses where this book will close at? The sale from 8 years back is hardly a goid indicator of current FMV. I do know that a lotta early (to atomic age) Archie's have been blowing up across the board, over the past 8 years. No idea, but it just jumped to $90,000.  |
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Post by FiveZero on Dec 12, 2018 20:18:25 GMT -8
Any guesses where this book will close at? The sale from 8 years back is hardly a goid indicator of current FMV. I do know that a lotta early (to atomic age) Archie's have been blowing up across the board, over the past 8 years. They have been blowing up in prices, but the problem is some of these books don't come up for sale much so it's hard to put a price on these books unless you really know the market. I was lucky to have jumped in before prices really exploded. Unfortunately, I don't know what FMV is for some of these books since the last reported sales were years ago. |
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Post by Bats on Dec 13, 2018 5:22:14 GMT -8
If everyone waited until the last few mins to bid, they'd probably get the book for considerably less money. Why bid $90k two days before auction end? Every extra bid is just another $XXXX on the final price you pay. EDIT: Oh and $490,000   |
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Post by copperagekids on Dec 14, 2018 13:41:14 GMT -8
If everyone waited until the last few mins to bid, they'd probably get the book for considerably less money. Why bid $90k two days before auction end? Every extra bid is just another $XXXX on the final price you pay. EDIT: Oh and $490,000 You certainly have a point but I doubt that would really matter much considering the book at hand. And, if it was a hard close auction, and not a soft close, I'd be more inclined to agree with you....but with the mega key aspect of this book + rarity + growth of Archie's in the past 8 years...blah blah blah. That said, I dunno HTF to even approximate a guess on where this book will close out. |
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Post by Ditch Fahrenheit on Dec 14, 2018 15:59:23 GMT -8
Just minutes to go.
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Back in my day there was no sniping software, you had to do it yourself! Plus it was all on dial-up so it was hard to judge the timing. But, if you were lucky/good, you could achieve the ultimate: a Zero Second Snipe. Only ever had one myself, and it was not intentional.
